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he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of that, and what do you think the congress thinks of that? >> well, it has to be raised. >> that's the power of the purse. >> the power of the purse is the power to spend. congress has already authorized and appropriated all of this money. now, it wants to come back in and prevent the government from paying the debts accrued by congress itself. so there is something absurd in congress coming in behind, and saying all of am money that we appropriated, we -- this money that we appropriated, we don't want to pay for it. we want to default on the national debt. >> if he has the power to raise the debt ceiling, the defacto p
he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of...
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lou: not according to nancy pelosi. i don't know if you saw. we reported up the p. >> i didn't. lou: the minority leader actually said, you cann cut your way to deficit reduction. i mean, this isthe kind of mentality that speaker boehner must confront and deal with. one would think that wold be a winner for him, but apparently not. >> i'm saying i am puzzled by the fact that he does not emphasize that much more andd3 really say, i'm not oing to talk but taxes. taxes is not on the table until the president comes forward with the plan on entitlements. lou: you are a formidable gotiator in your own right, experience, and i just want to ask you. why would anyone who is the leader of the republican party, frankly in a position, not insist uponealing with te president o has the superior power, the superior position and advantage,ot insist that any negotiation be at a specific table with specific parameters and in the -- end this nonsen that is at the periphery in permeate -- permeating th media >> that's right. well, the president, and this is one of the reasons why the president may
lou: not according to nancy pelosi. i don't know if you saw. we reported up the p. >> i didn't. lou: the minority leader actually said, you cann cut your way to deficit reduction. i mean, this isthe kind of mentality that speaker boehner must confront and deal with. one would think that wold be a winner for him, but apparently not. >> i'm saying i am puzzled by the fact that he does not emphasize that much more andd3 really say, i'm not oing to talk but taxes. taxes is not on the...
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. >> woodruff: but house minority leader nancy pelosi fired back that republicans are the ones holding everything up. >> if we were waiting for something, we would say it's well worth the wait. but we're just-- the republicans are just delaying-- just delaying, delaying, delaying, and that's not responsible. >> woodruff: and federal reserve chairman ben bernanke warned again that delay is dangerous. >> well, cleary the fiscal cliff is having affects on the economy, even though we're not yet even reached the point of the fiscal cliff potentially kicking in, it's already affecting biz investment and hiring decisions by creating uncertainty, or creating pessimism. >> woodruff: all of which threatened to cast a pall over the holidays, at the capitol, and just about everywhere else. and that brings us to our continuing series of conversations on this topic. tonight, one of the more outspoken voices against raising taxes. grover norquist is a conservative lobbyist and the president of americans for tax reform. most famously, he's known for getting many elected republicans to sign a pledge to
. >> woodruff: but house minority leader nancy pelosi fired back that republicans are the ones holding everything up. >> if we were waiting for something, we would say it's well worth the wait. but we're just-- the republicans are just delaying-- just delaying, delaying, delaying, and that's not responsible. >> woodruff: and federal reserve chairman ben bernanke warned again that delay is dangerous. >> well, cleary the fiscal cliff is having affects on the economy, even...
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the democrats like nancy pelosi, susan, saying that, you know, republicans don't get it. they are fiddling while rome burns. >> here's the problem with the polls you mentioned. that poll is interesting and instructive, but the poll that republicans are going to pay attention to is not the one you cited. the one poll -- the poll the republicans pay attention to is the one that blames them. actually, there's several that pin it on republicans saying the public thinks that boehner's doing the worst job. if they are paying attention to that lou, that could have more influence on the outcome. lou: i accept everything but the reading of their minds and ask you -- >> i can actually read their minds. lou: as always, i bow to superpowers, but the fact is i don't understand how the republicans over the course of this entire episode, and i will call it that, an incident, i guess, on the first of january, but why they have not developedded a message and a strategy and a response because they are an immensely powerful position. >> lou, you just backed up my whole argument because they
the democrats like nancy pelosi, susan, saying that, you know, republicans don't get it. they are fiddling while rome burns. >> here's the problem with the polls you mentioned. that poll is interesting and instructive, but the poll that republicans are going to pay attention to is not the one you cited. the one poll -- the poll the republicans pay attention to is the one that blames them. actually, there's several that pin it on republicans saying the public thinks that boehner's doing...
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. >> nancy pelosi. >> republicans lost the house majority in 2006 when they promised to cut spending and then increase it. bret bozell of for america inc. says the republicans face the same fate if after promising all year to hold the line or cut taxes they raise more. >> it's not a threat. it's a reality. if you bucked -- the republicans lost the house when they walked away from fiscal responsibility. they regained it when they recommitted themselves to the fiscal responsibility. if they abandon it yet again, it's a guarantee that the conservatives aren't going along with this. >> g.o.p. leaders reacted it will to the backlash. boehner raised $100 million for the house republican candidates this year. his proposal to increase tax revenues on the four rebel conservatives is backed by the house majority leader eric cantor with kevin mccarthy and budget committee chairman paul ryan. now they're under fire, too. >> in a perverse way, the purging was good. because it provided clairryty with what we thought was true that the leadership didn't hold the conservative principles in first plac
. >> nancy pelosi. >> republicans lost the house majority in 2006 when they promised to cut spending and then increase it. bret bozell of for america inc. says the republicans face the same fate if after promising all year to hold the line or cut taxes they raise more. >> it's not a threat. it's a reality. if you bucked -- the republicans lost the house when they walked away from fiscal responsibility. they regained it when they recommitted themselves to the fiscal...
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figure it out. >> there's nancy pelosi appealing to boehner figure it out twice. how high is the level towards the speaker? >> it's very high. i think leader pelosi is absolutely right. at some point the leader is placed in that position to bring members together to do the right thing. leader pelosi when she was speaker she did an excellent job of it to bring us together to make those right decisions. and some of those decisions are hard. your entire caucus is not going to agree with you all the time, but that's the role of a leader, martin. that's what leaders do. that's why they're selected to do what they do. and so i'm hoping that he will take the leader pelosi's advice and get this done for the american people. it's not about democratic or republican. it's about doing what is right for the american people and doing it right now. >> indeed, sir. congressman elijah cummings. thank you as always. >> always a pleasure. >>> stay with us. our type lines coming up. >> obama is daring republicans literally to blink. well, the joke's on him because i know some republi
figure it out. >> there's nancy pelosi appealing to boehner figure it out twice. how high is the level towards the speaker? >> it's very high. i think leader pelosi is absolutely right. at some point the leader is placed in that position to bring members together to do the right thing. leader pelosi when she was speaker she did an excellent job of it to bring us together to make those right decisions. and some of those decisions are hard. your entire caucus is not going to agree...
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. >> and nancy pelosi predicted justice s would discard prop 8 in the dust bin of history. >> joining us now is abc 7 news legal analyst dean johnson. you've describe described this as a good day for california but not the best day. >> probably the best thing would have been if the court denied hearing prop 8. that would have meant would it have been the law within 35 days. >> how is this going to play out? when should we expect a decision? >> we don't know when cases will be argued. between february and april.uuÑ but each will have a slot. ma means we'll probably looking at a june, or july decision. >> that is soon, a fairly fast track you talked about justice kennedy being the swing vote in this. >> the case that decides both of these is lawrence versus texas that. was a case in which he was the swing vote. >> and you anticipate the same? >> the result will apply in both of the case autos thank you. >> moving on now, businesses getting ready to arm themselves with more high tech surveillance cameras after seeing how security cameras broke open a massive fencing ring. how police bus
. >> and nancy pelosi predicted justice s would discard prop 8 in the dust bin of history. >> joining us now is abc 7 news legal analyst dean johnson. you've describe described this as a good day for california but not the best day. >> probably the best thing would have been if the court denied hearing prop 8. that would have meant would it have been the law within 35 days. >> how is this going to play out? when should we expect a decision? >> we don't know when...
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that's what nancy pelosi meant when she called it a trophy. republicans see this as a big win for them. big. and that's kind of the white house's quiet argument. it's a terrible policy, but because obama care and employers and others are there to catch a lot of these people, it might get more votes while doing less harm to seniors than the alternatives. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. with annoying aches and pains and more time asleep. i hav
that's what nancy pelosi meant when she called it a trophy. republicans see this as a big win for them. big. and that's kind of the white house's quiet argument. it's a terrible policy, but because obama care and employers and others are there to catch a lot of these people, it might get more votes while doing less harm to seniors than the alternatives. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save...
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>> i can't say what senator reid and nancy pelosi are doing. i think the main talks are between the speaker and the president. looking at plans like the simpson/bowles plan, the gang of six plan, they all included discussions with tax rates up at 39%, the '90s rates, what the president is requesting right now. my hope is the sooner the better. one of the things we're doing to the economy, we saw the jobs numbers. we're pretty good today. this economy wants to take off again. what's holding it back right now is the political uncertainty about whether we're going to go over the cliff and each day that clicks off, we are holding back retail sales during the christmas season and that's just crazy. >> senator, on entitlements, the other side of the equation here if the tax rates have gotten what the president wants, which is a raise to 39.6%. the three national unions have that come out with an ad campaign are targeting two senators. you are one of them. as well as two republican congressman as well. they are saying don't touch social security or me
>> i can't say what senator reid and nancy pelosi are doing. i think the main talks are between the speaker and the president. looking at plans like the simpson/bowles plan, the gang of six plan, they all included discussions with tax rates up at 39%, the '90s rates, what the president is requesting right now. my hope is the sooner the better. one of the things we're doing to the economy, we saw the jobs numbers. we're pretty good today. this economy wants to take off again. what's...
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that's what nancy pelosi meant when she called it a trophy. republicans see this as a big win for them. big. and that's kind of the white house's quiet argument. it's a terrible policy, but because obama care and employers and others are there to catch a lot of these people, it might get more republican votes while doing less harm to seniors than the alternatives. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion.
that's what nancy pelosi meant when she called it a trophy. republicans see this as a big win for them. big. and that's kind of the white house's quiet argument. it's a terrible policy, but because obama care and employers and others are there to catch a lot of these people, it might get more republican votes while doing less harm to seniors than the alternatives. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business...
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. >> so let me ask you though, today nancy pelosi filed a petition to try to force a house vote later this month on extending the bush tax cuts for families that make under $250,000 a year. as you just said, you stand by your support of that position. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to be helpful. it's not going to get anything done. and no, i would never sign a discharge petition against my own speaker or my own conference. the way you do things is to negotiate. and frankly, the negotiation is going to largely involve the president of the united states and the speaker of the house of representatives. with all due respect to the other players, they're honestly less central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agr
. >> so let me ask you though, today nancy pelosi filed a petition to try to force a house vote later this month on extending the bush tax cuts for families that make under $250,000 a year. as you just said, you stand by your support of that position. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to...
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. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negotiations 23 days before nhe deadline, when federal era le tax rates will revert to higher, clinton-era levels, a 2% ayroll tax cut will expire, and long-term unemployment benefits of dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule hikea compromise on a tax hike for top earners, somewhere between today's 35% rate and the clinton-era's 39.6%. >> there are a lot of things ssat are possible to put the revenue the president seeks on the table. >> reporter: even if the two sides are making more progress behind the scenes, no one mit its them to admit it until of last minute. ederoffice of management and budget has asked all federal agencies to come up with a detailed list of possible cuts if there's no deal, maurice. >> dubois: nancy, thank you. t how is all this affecting the economy? the one sign we did see yesterday show
. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negotiations 23 days before nhe deadline, when federal era le tax rates will revert to higher, clinton-era levels, a 2% ayroll tax cut will expire, and long-term unemployment benefits of dry up for over two million americans who have been out of work for six months or more. on friday,...
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today house speaker boehner and nancy pelosi held duelling news conferences slamming the other side for not taking the looming crisis seriously. >> this isn't a progress report, because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter lacking in specifics. >> meanwhile, vice president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that dem
today house speaker boehner and nancy pelosi held duelling news conferences slamming the other side for not taking the looming crisis seriously. >> this isn't a progress report, because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return...
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we are reaching a dangerous, dangerous to pinpoint in this country, and we have nancy pelosi, the minority leader saying that you cannot cut your way to deficit reduction. mind-boggling. >> it is mind-boggling. after the second world war we cut our government spending by 60 percent. the economy boomed. we cut ourselves all the way into a big srplus. israel was in a catastrophic crisis in the mid 80's. it cut its way drastically to a surplus. lou: this country has long history. >> a new zealand. lou: this country, if we can be parochl allotted for a moment, we can learn from our own experience. it is pretty clear that when we talk about, as this administration has, returnng to a clintonnera tax rates, it would be a wonderful boon if we were to be able to also return to the balanced budgets of the clinton years, if we could return to the trillion dollar peace dividend that the bush years left on the doorstep of the clinton years. but none of that is ever examined. also, we also are the beneficiaries of a massive technology bubble and the markets. >> plants and reduced the capital gains tax b
we are reaching a dangerous, dangerous to pinpoint in this country, and we have nancy pelosi, the minority leader saying that you cannot cut your way to deficit reduction. mind-boggling. >> it is mind-boggling. after the second world war we cut our government spending by 60 percent. the economy boomed. we cut ourselves all the way into a big srplus. israel was in a catastrophic crisis in the mid 80's. it cut its way drastically to a surplus. lou: this country has long history. >> a...
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nancy pelosi was here last night talking to the president, i'm told. we are working this issue very hard, alex, as you're probably aware, trying to figure out the state of play here. there isn't much movement here. there wasn't a lot of information to share. everyone in washington that's close to this es being very cagey. the president is actually out golfing right now. i'm told john boehner the speaker has stayed in town this weekend, somewhat unusual for him. but as far as we can see, no movement, alex. >> okay. mike, now don't go too far. you're coming back as one of our esteemed guests in today's big panel. about 1:45. you're going to get all the hard questions. it's all coming your way. we'll see you in a bit. thank you. >>> the fiscal cliff is not just a concern for americans as my next guest learned on a recent trade mission to china where he was pat of a conference organized by former u.s. treasury secretary hank paulsen. joining me now, philadelphia mayor michael nutter here in studio. good day to you. >> good seeing you, alex. >> tell me firs
nancy pelosi was here last night talking to the president, i'm told. we are working this issue very hard, alex, as you're probably aware, trying to figure out the state of play here. there isn't much movement here. there wasn't a lot of information to share. everyone in washington that's close to this es being very cagey. the president is actually out golfing right now. i'm told john boehner the speaker has stayed in town this weekend, somewhat unusual for him. but as far as we can see, no...
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and today house minority nancy pelosi had this to say. >> the president has been very specific, do you not agree? [ inaudible question ] $1.6 trillion. at some point, you are cutting the seed corn of our future. the president wants investments in infrastructurinfrastructure, investments. you're not going to reduce the deficit by only cutting your way to it because you will cut the prospects for job creation which produce revenue. >> so while people in washington go back and forth over the fine print, what does it mean for you on january 1st? your personal economy of one as we like for say. i asked you to tweet me some of your questions and you've been fabulous at doing that. one of the best in the business, ali velshi, is kind enough to grace us with your presence. >> those are great questions. great to know what people want to know. >> there were so many. let me get some of the highlights. lisa asks how does this affect the extension of unemployment benefits which expire december 31. >> this is awful. this is the worst part about it. unemployment benefits are traditionally 26 weeks pr
and today house minority nancy pelosi had this to say. >> the president has been very specific, do you not agree? [ inaudible question ] $1.6 trillion. at some point, you are cutting the seed corn of our future. the president wants investments in infrastructurinfrastructure, investments. you're not going to reduce the deficit by only cutting your way to it because you will cut the prospects for job creation which produce revenue. >> so while people in washington go back and forth...
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nancy pelosi guess on an assault in an op-ed today about raising the age on medicare. we are not doing that. off the table. you see jay rockefeller, whenly waxnan the house saying do not touch medicaid, by the way is bankrupting the states and squeezing education money and school money. so they have taken those off the table, which leads maybe cost of living adjustment on medicare and social security. and not much else. so, i think that is where we are now. >> jeff, from your reporting where do you get a sense of where we're headed in this. >> troubling sign of the message of closed door meeting where speaker boehner said the members should leave their christmas decorations up. and that they should plan to stay in. i think that one channel for speaker boehner here, he is beginning to face some rumblings of trouble on the right. so far, i think they have been able to do a good job holding everyone together on this. some are members of the house republican caucus that were outspoken after this closed door meeting, telling reporters that speaker boehner, you know is respo
nancy pelosi guess on an assault in an op-ed today about raising the age on medicare. we are not doing that. off the table. you see jay rockefeller, whenly waxnan the house saying do not touch medicaid, by the way is bankrupting the states and squeezing education money and school money. so they have taken those off the table, which leads maybe cost of living adjustment on medicare and social security. and not much else. so, i think that is where we are now. >> jeff, from your reporting...
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one is is about the cuts already embedded in law which is evidently what nancy pelosi was talking about and they are absolutely embedded in law and there is no question about them. >> the problem with that is that congress has done nothing to put legislation in place to cut spending to meet those caps. and that's one of the reasons that we're now in the fiscal cliff. >> baseline budgeting has been used by both parties since 1974. allows republicans to exaggerate claims of frugality. allows democrats to expand the growth of government. either way accounting trick that no family tried to balance its checkbook could ever get away with. bret? >> bret: british bank sbc has agreed to pay money to settle a money laundering case. the justice department in the u.s. says the bank cleaned funds for narcotics traffickers in mexico and allowed illegal transactions with iran, cuba, and other nations. michigan becomes a right-to-work state with some fireworks outside the state capitol. we'll talk about what's going on with the fox all-stars when we come back. begin. tomato, obviously. haha. there's mo
one is is about the cuts already embedded in law which is evidently what nancy pelosi was talking about and they are absolutely embedded in law and there is no question about them. >> the problem with that is that congress has done nothing to put legislation in place to cut spending to meet those caps. and that's one of the reasons that we're now in the fiscal cliff. >> baseline budgeting has been used by both parties since 1974. allows republicans to exaggerate claims of frugality....
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democrats counter what we heard from nancy pelosi. democrats agreed to over a trillion dollars in cuts as part of the budget control act in 2011. indeed hear is the document. letter from cbo to spiker boehner laying out $915 billion in cuts between 2012 and to 21. the brookings institution it is a fact, she says pelosi was right. listen up. >> there are two different conversation going on about these numbers. one is about the cuts that are already embedded in law which is evidently what nancy pelosi was talking about and they are absolutely embedded in law and there is no question about them. >> reporter: but not so fast. keep in mind that these numbers were derived from baseline budgeting that is a washington gimmick that no family balancing its checkbook could ever get away with. baseline budgeting assumes that spending will rise each year and based outlays on accepted rise. >> over the past couple of years especially as part of the debt limit negotiations they pretended to cut spending using the washington definition, meaning spend
democrats counter what we heard from nancy pelosi. democrats agreed to over a trillion dollars in cuts as part of the budget control act in 2011. indeed hear is the document. letter from cbo to spiker boehner laying out $915 billion in cuts between 2012 and to 21. the brookings institution it is a fact, she says pelosi was right. listen up. >> there are two different conversation going on about these numbers. one is about the cuts that are already embedded in law which is evidently what...
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obviously nancy pelosi has said she doesn't like the idea. as you just said we won. why do we need to trade that this time? >> i don't think there is going to be any trade. there is concern about medicare's long-term fiscal health because people are living longer. and the actuarial tables are a little bit out of whack on this so it's something i think you can evaluate if it is done in a fair way, but we already agreed to $1.2 trillion of spending cuts that are now a law in july of 2011. and there was no revenue in that deal. and i think to get distracted by the spending side we're taking the bait if we do that. >> stephanie: uh-huh. representative you are saying -- first of all is there going to be a vote on the 98% of us getting a tax cut, is there going to be a vote on that? >> sure. i think what will happen is that in some form the present tax rates will stay in effect on a long-term basis. now what procedural mechanism these guys eventually come up with i don't know but that's what the result is going to be. >> stephanie: all right. well it's all good news. thank
obviously nancy pelosi has said she doesn't like the idea. as you just said we won. why do we need to trade that this time? >> i don't think there is going to be any trade. there is concern about medicare's long-term fiscal health because people are living longer. and the actuarial tables are a little bit out of whack on this so it's something i think you can evaluate if it is done in a fair way, but we already agreed to $1.2 trillion of spending cuts that are now a law in july of 2011....
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nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or
nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of...
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pelosi was speak of the house. i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial, i always think that new minds are great to come to the table to give new ideas. what we have have to stop down is putting a bandaid on it and kicking it down the road. we need true me form or we'll be talking about this a year from now. >> jamie: doug, a prediction, going over? >> i don't think so. but you bring up a good point member about the 90 house members who are going to leave and more political incentive to do it now, because with new members, they're going to have to go through the debate again. >
pelosi was speak of the house. i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial?...
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Dec 5, 2012
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house minority leader nancy pelosi slammed the gop's proposals. >> that's not negotiating. that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall
house minority leader nancy pelosi slammed the gop's proposals. >> that's not negotiating. that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the...
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Dec 13, 2012
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house minority leader nancy pelosi says democrats will knot discuss or talk social security. house speaker john boehner is still resistant to any tax rate increase. there are questions if we start to get closer to the new year when nearly every federal income tax rate is supposed to increase, would republicans still put a bill on the floor that would give the president what he wants on tax rates, just allow taxes to increase for families earning more than $250,000 a year? to that the speaker was noncommittal. >> the law of the land today is that everyone's income taxes are going to go up on january the 1st. i have made it clear that i think that is unacceptable. but, until we get this issue resolved that risk remains. >> in case of emergency the house should break the glass. the, house speaker ought to allow the republicans to vote on extending tax cuts for 98% of the american people. that would deal with a chunk of the so scald -- called fiscal cliff. >> short while ago house minority leader nancy pelosi says she hoped to get this done by christmas. that is looking closer an
house minority leader nancy pelosi says democrats will knot discuss or talk social security. house speaker john boehner is still resistant to any tax rate increase. there are questions if we start to get closer to the new year when nearly every federal income tax rate is supposed to increase, would republicans still put a bill on the floor that would give the president what he wants on tax rates, just allow taxes to increase for families earning more than $250,000 a year? to that the speaker...
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an interesting development from nancy pelosi. who knows whether or not she is central to the debate going on right now. bill: there will be another briefing on benghazi. the families of the four americans killed in that attack almost three months ago say they are still in the dark about what happened to their loved ones. the father of tyrone woods one of the former navy seals saying he learned more from witness accounts about how his son died than he did from the white house. new hampshire senator kelly ayotte member of the house services committee and the budget committee. welcome back to "america's newsroom." >> good morning, bill. bill: do the families have any more answers now about how these four died? >> unfortunately, no. we had four brave americans that were murdered. my heart goes out to those families. they deserve answers. we still don't know why that wasn't more secure given two prior attacks on the consulate, given the security requests, given that the british had left, the red cross had left. it should have been sec
an interesting development from nancy pelosi. who knows whether or not she is central to the debate going on right now. bill: there will be another briefing on benghazi. the families of the four americans killed in that attack almost three months ago say they are still in the dark about what happened to their loved ones. the father of tyrone woods one of the former navy seals saying he learned more from witness accounts about how his son died than he did from the white house. new hampshire...
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Dec 8, 2012
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more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california and berkeley and former secretary under bill clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> m
more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california and...
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Dec 13, 2012
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the former speaker of the house, the house minority leader, nancy pelosi, expressed concerns about timing. over at the white house early today, it got personal between jay carney and speaker john boehner, carney making reference to a situation almost 20 years old. take a also listen to this. >> let me say while i personally am fond of john boehner, his record of predicting what would happen to certain economic policies were instituted is abysmal. after 1993, after the budget plan was passed we saw record increase and vast. a wealth created. >> this was earlier. the important thing, a face-to-face meeting between the president and speaker. they had a phone call tuesday evening which was less than cordial. perhaps a face-to-face meeting will move the ball forward. >> gretchen: if only they were on the golf course. that solves everything. mike emanuel, thank you very much. >> thank you. >> let's talk about the john mcafee saga wanted for questioning in his neighbor's death. he tells abc news he played the crazy card to save himself. here's the crazy back story. a neighbor in the nation of be
the former speaker of the house, the house minority leader, nancy pelosi, expressed concerns about timing. over at the white house early today, it got personal between jay carney and speaker john boehner, carney making reference to a situation almost 20 years old. take a also listen to this. >> let me say while i personally am fond of john boehner, his record of predicting what would happen to certain economic policies were instituted is abysmal. after 1993, after the budget plan was...
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nancy pelosi is talking to the media regarding the fiscal cliff. we will see if the democrats tone has changed when i see you next. live in washington. ktvu news channel 26789. >> the google chairman said he is proud of the company's tax structure despite criticism from european governments. he said they pay a lot of taxes. he added that taking steps that are legal to cut the amount paid is just good business. they paid two billion dollars in taxes worldwide last year. they shared some to a shell company in bermuda. >> we want to warn you about the graphic nature of this next story. a fort worth texas area man is jailed on half a million dollars bond suspected of carving a pent gram on his son's back. >> i put a pentagram on my son? >> on your son? >> yes. >> why? >> because it's a holy day. >> reporter: on 121212 yesterday investigators say the 39-year-old attacked his 6-year- old son with a box cutter. his wife then ran for help. the child spent the night in the hospital and is expected to recover at least physically, his wound was not deep enoug
nancy pelosi is talking to the media regarding the fiscal cliff. we will see if the democrats tone has changed when i see you next. live in washington. ktvu news channel 26789. >> the google chairman said he is proud of the company's tax structure despite criticism from european governments. he said they pay a lot of taxes. he added that taking steps that are legal to cut the amount paid is just good business. they paid two billion dollars in taxes worldwide last year. they shared some to...
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>> nancy pelosi was a powerful speaker. what's happened? why is john boehner a feckless herder of cats, in your words? >> i think some want to say that boehner is weak or that the republican freshmen are too fringy. i think there's a culmination of a few factors. one, speakers used to have the earmarks. they could kind of brag you with. you're going to get a bridge in your district. that's pretty much off the table. i think that our culture, our society doesn't respect leaders the way that it used to, and institutions. and i think that's manifesting itself in politics. but i also -- >> you also -- >> that's an incredible point. >> it's broken up. >> the internet has played into that. >> and also clubs like the group for growth. it used to be the party apparatus was the only game in town essentially. if they said jump, you asked how high. now you could be a member of congress that says, hey, i don't care what the speaker says because i'm going to have an outside group help get me elected. and in fact, it might be smart politics to be against
>> nancy pelosi was a powerful speaker. what's happened? why is john boehner a feckless herder of cats, in your words? >> i think some want to say that boehner is weak or that the republican freshmen are too fringy. i think there's a culmination of a few factors. one, speakers used to have the earmarks. they could kind of brag you with. you're going to get a bridge in your district. that's pretty much off the table. i think that our culture, our society doesn't respect leaders the...
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Dec 7, 2012
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at boehner's request senate leaders and representative nancy pelosi have been excluded from talks leaving it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give the president the rate to approve the debt ceiling. reid shocked mcconnell by calling the idea of having that vote a positive development. forcing him to reject a vote he had called for himself. >> is there objection? >> reserving the right to object, matters of this
at boehner's request senate leaders and representative nancy pelosi have been excluded from talks leaving it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and...
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democrats do not like that idea as nancy pelosi explained yesterday. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? show me the money there. but it's not even the right thing to do, first and foremost. but is it a trophy that the republicans want? is that the trophy they want in order to do what is right to raise the rates for the wealthiest people in our country? >> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the white house wants to get rid of forever. there's
democrats do not like that idea as nancy pelosi explained yesterday. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? show me the money there. but it's not even the right thing to do, first and foremost. but is it a trophy that the republicans want? is that the trophy they want in order to do what is right to raise the rates for the wealthiest people in our...
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>> remember, ali, nancy pelosi whos with the house speaker, she said at the time you have to pass the bill to find out what's in it. now unfortunately we're finding out all of these surprises. all these things were right there in the bill. democrats passed it without a single republican vote. what is interesting now all of these things are coming to light and real horrors of obamacare is kicking in in terms of taxes you laid out. that $63 feel that will hit everybody. the 3.8% surtax on capital gains and other investments on higher earners. medical devries tax, all these things are starting to kick in. what you're seeing in liberal democrats in the senate like john kerry, patty murray, chuck schumer, because these taxes will hit some of their biggest constituencies an donors now they're starting to say well, we might want to look at repealing this or that part of obamacare because we didn't realize it would be so bad. alisyn: we heard that from al franken in minnesota about the medical device act. do democrats bear some responsibility in not better forecasting some of these prices? >>
>> remember, ali, nancy pelosi whos with the house speaker, she said at the time you have to pass the bill to find out what's in it. now unfortunately we're finding out all of these surprises. all these things were right there in the bill. democrats passed it without a single republican vote. what is interesting now all of these things are coming to light and real horrors of obamacare is kicking in in terms of taxes you laid out. that $63 feel that will hit everybody. the 3.8% surtax on...
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Dec 9, 2012
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and even nancy pelosi has said, look, this is not about rates. it's about revenue. it's about getting the money we need in order to reduce these deficits. so you've got to have spending cuts and you've got to have some revenue to get this done. >> schieffer: let me ask senator simpson. the "new york times" crunched numbers for the tax inn creases for the wealthy and determined even if the rates go back up to the clinton-era rates it would only give us about a quarter of the needed revenue. so what other things can be done? what other taxes have to be raised or where do you get the money to get us to where we need to be? >> well, you go into the tax code, as i say, but it's going to take too much time to do that. but there is no possibility to do this, not a single economist who talked to us in our hearings, said we can't grow our way out of this thing if we had double-digit growth for 20 years. you can't cut spending your way out of this baby or you're going to are yo ruin a very fragile economy and an emerging and helpful nation and you can't tax your way out of th
and even nancy pelosi has said, look, this is not about rates. it's about revenue. it's about getting the money we need in order to reduce these deficits. so you've got to have spending cuts and you've got to have some revenue to get this done. >> schieffer: let me ask senator simpson. the "new york times" crunched numbers for the tax inn creases for the wealthy and determined even if the rates go back up to the clinton-era rates it would only give us about a quarter of the...
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here's what nancy pelosi had to say about geithner's remarks. let me play it. >> if there is no agreement, then the fiscal cliff has to be dealt with. i didn't see it if they decent this, we do that. i saw it as a statement of fact. it's not a threat. it's a prediction. if there's no agreement, we go over the cliff. let's hope we can have an agreement. >> what do you make of the way she put it? it's not a threat. she said, listen, these are the facts. >> nice little economy you have there. nice little economy you have there. it would be a shame it if anything happened to it. that's not a threat. look, we have to start looking at what happens if we do, in fact, go over the so-called cliff, and what happens is, you know, one thing is we take a huge bite out of the deficit. we do it in a crude may, and there would be immediate attempts to fix it and fine-tune it and take some back. some would probably get through. if you actually want to look at it from a policy standpoint, it may not be the worst possible option to just go over the cliff and then
here's what nancy pelosi had to say about geithner's remarks. let me play it. >> if there is no agreement, then the fiscal cliff has to be dealt with. i didn't see it if they decent this, we do that. i saw it as a statement of fact. it's not a threat. it's a prediction. if there's no agreement, we go over the cliff. let's hope we can have an agreement. >> what do you make of the way she put it? it's not a threat. she said, listen, these are the facts. >> nice little economy...